HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the shipyard arm of HD Hyundai Group, announced on Monday that an Asian shipper had ordered two VLGCs without naming the contracting party.

Seafarers have been told the nationality and religious affiliation of shipowners as part of measures aimed at reassuring crew before they sign up for vessels transiting the Red Sea, according to a ...

International Maritime Organisation secretary general Arsenio Dominguez has just returned from the Middle East, where he raised the issue of the release of the Galaxy Leader during visits to the ...

Petrobras’s five-year proposal would lift investments by 8.8% compared to its last strategic plan, which called for $102bn in ...

Harry Vafias shipowning venture C3is has logged a bigger profit in the third quarter thanks to financial gains and stronger tanker rates. The Nasdaq-listed bulker and aframax tanker owner said net ...

The VLCC market has carried over the momentum that started with Bahri Week last week. On Monday, Clarksons fleet weighted average for VLCCs jumped 8.4% from Friday to $39,600 per day. The broker ...

China is planning to ship a biofuel blend overseas in its first export quota for the greener bunkers. The move is being made ...

Norwegian shipping company Odfjell has beaten off land-based competitors to be awarded Bergen’s most sustainable company. The ...

Capesize bulker owners are enjoying a stronger market with rates up by one quarter in the past week. Average capesize rates ...

The second deal saw the 11,134-dwt JM Sutera 6 (built 2010) sold by Malaysian outfit Jesa Marine for $7m, which was discussed ...

Plants have already either halted processing or are operating at reduced capacity, according to industry sources ...

DNV also awarded two approval in principle (AiP) certificates to Seatrium for two new floating offshore wind turbine designs, ...